Striving for banking system stability
September 03, 2011 | BY
clpstaff &clp articlesNew measures from China's banking regulator aim to prevent financial institutions from becoming over-leveraged, and they provide a clear framework on accountability and detailed guidance rules on disclosure
The China Banking Regulatory Commission (CBRC) issued the Measures for the Administration of the Leverage Ratio of Commercial Banks (中国银行业监督管理委员会商业银行杠杆率管理办法) (the Measures) on June 1 2011, which will go into effect from January 1 2012. The Measures will become a major